101 Pearl Street Lancaster, PA 17603
High-visibility mixed-use property in Cabbage Hill with income potential.
- Added:
- Mar 28, 2026
- Days on Market:
- 105
- Last Refresh:
- Jul 5 at 4:21 am
Property Features for 101 Pearl Street
General Information
- Standard status
- Active
- Size
- 2,178 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1905
Listing office Iron Valley Real Estate of Lancaster (717) 615-7484
Listing date Mar 28, 2026
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Iron Valley Real Estate of Lancaster
Investment Insights
Based on property information with market context.
Key Highlights
- Dual Income Potential: Mixed‑use property with a street‑level storefront and a 3‑bedroom apartment
- Prime Location: Situated in the heart of Cabbage Hill, a sought‑after, growing district near downtown Lancaster
- Separate Utilities: Each unit has its own utilities, simplifying management and tenant responsibilities
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.0k | $21.60 |
| − Vacancy | −$3.8k | −$1.73 |
| EGI | $43.3k | $19.87 |
| − OpEx | −$16.2k | −$7.45 |
| NOI | $27.1k | $12.42 |
